Business Technology, Finance Technology & Information Technology
BTr fully awards treasury bonds.
The reissued seven-year Treasury bonds (T-bonds) were fully awarded by the Bureau of the Treasury (BTr) on Tuesday.
The T-bonds fetched an average rate of 6.097 percent, according to a statement from the BTr.
This is less than the 6.500 percent initial coupon rate applied when the note was issued in May 2022.
The remaining life of the bonds is five years and eleven months.
Total bids for the auction totaled PHP36.6 billion, 1.5 times the PHP25 billion offer.
The overall outstanding volume for the series has increased to PHP129.7 billion due to the committee’s decision, according to BTr.
Save/Share this story with QR CODE
Disclaimer
This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.
📩 Need to get in touch?
📩 Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.
We appreciate your reading. 😊Simple Ways To Say Thanks & Support Us:
1.) ❤️GIVE A TIP. Send a small donation thru Paypal😊❤️
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) 🛒 BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) 👍 Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).
AFFILIATE PARTNERS
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.
Repairs on sludge removal equipment 75% done: Maynilad
Maynilad Water Services Inc. (Maynilad) said on Thursday that 75 […]
Escudero seeks to abolish the “no permit, no exam” rule.
On Wednesday, Senator Francis Escudero urged his fellow senators to […]
The Bureau of Immigration approves the immigration of Pinoys’ overseas parents and children from ‘visa nations.’
The Bureau of Immigration (BI) announced on Wednesday that visa-required […]
Housing costs in PH increased in the fourth quarter of 22.
With the exception of townhouses outside the National Capital Region, […]
Guv hails government assistance in resolving Negros’ power issue
The participation of the federal government to aid with the […]
The Palace promises that the budget for 2022 will be signed before the end of the year.
President Rodrigo Duterte will sign the proposed national budget for […]